Kalshi NFL Props: Spreads, Totals and Quarter Markets

Updated August 14, 2026 · 16 min read · by Jake Hari

Kalshi's NFL menu is no longer just "who wins the game." As of this morning the exchange lists more than 20 separate market families on preseason games: full-game spread and total ladders, winner markets for every quarter and both halves, spread and total ladders inside those periods, and, newly listed for this slate, per-game player prop markets. This page is the permanent home for those boards. It covers what exists, what does not exist yet, what the settlement rules actually say, and the live prices on everything worth pricing, and it gets rebuilt as each slate turns over, through the preseason and into the regular season on this same URL.

Board prices as of August 14, 2026, 6:45 AM ET · covers the preseason Week 1 games still on the board (10 games, 2026-08-14 through 2026-08-15) · prices are live Kalshi bid/ask; this page refreshes as each slate turns over.

The Quick Answer

Kalshi's NFL prop menu is team-first but, as of this morning, no longer team-only. The exchange lists 21 team-level market families across the 10 preseason Week 1 games still on the board: full spread ladders (pick your own line, strike by strike), total ladders, and a tradable winner market for every individual quarter and half. And per-game player props are listed for this slate: as of this update, eight contracts covering receiving yards, rushing yards and touchdowns, every one of them on the Jets' side of tonight's Bucs-Jets game. Tonight's three games, Broncos-Falcons, Dolphins-Commanders and Bucs-Jets, lead the boards below. The full family-by-family census, live main lines on all 10 games, every player prop, and the quarter-market settlement fine print are below.

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NFL Player Props On Kalshi: One Game, Three Families, Thin Books

Searching for "kalshi nfl player props" mostly gets you listicles dancing around the answer, so here it is plainly. Per-game NFL player props have just started listing on the exchange, and as of this update exactly one game carries them: receiving-yards, rushing-yards and touchdown markets on tonight's Bucs-Jets game, with a striking detail in the listings themselves, since every named player is on the Jets' side. Here is every open NFL player prop on the exchange, in full:

Game	Market	Player Line	Yes	Contracts Traded
TB @ NYJ	Player receiving yards	Jelani Woods: 25+	37/54¢ (wide)	90
TB @ NYJ	Player receiving yards	Jelani Woods: 50+	14/36¢ (wide)	0
TB @ NYJ	Player receiving yards	Omar Cooper Jr.: 50+	10/29¢ (wide)	54
TB @ NYJ	Player rushing yards	Chip Trayanum: 25+	53/55¢	83
TB @ NYJ	Player rushing yards	Chip Trayanum: 50+	36/37¢	21
TB @ NYJ	Player rushing yards	Cade Klubnik: 25+	20/21¢	236
TB @ NYJ	Player touchdowns	Chip Trayanum: 1+	23/24¢	20
TB @ NYJ	Player touchdowns	Jelani Woods: 1+	22/32¢	0

Books this thin deserve the caution the numbers imply: several of those contracts have traded a few dozen contracts or none at all, and the quotes are wide. The rest of the player-prop scaffolding, series for anytime touchdowns, receptions and player fantasy points, sits in Kalshi's public catalog with zero open markets today. Beyond these, the exchange's player markets are season-long futures such as league leaders and award races, which we score on Kalshi NFL Picks; for how player markets work on the exchange more broadly, see our Kalshi player props guide. As this family spreads to more games, this table grows with it.

The Census Of What Kalshi Actually Lists

Here is the full family-by-family census, fetched live from the exchange, split between this weekend's preseason games and the regular-season games already listed:

Market family	What one contract asks	Preseason games listed	Regular-season games listed
Game winner	KXNFLGAME	10	16
Spread (wins by over X.5)	KXNFLSPREAD	10	16
Total points (over X.5)	KXNFLTOTAL	10	16
1st-half winner	KXNFL1H	10	0
2nd-half winner	KXNFL2H	10	0
1st-half spread	KXNFL1HSPREAD	7	0
2nd-half spread	KXNFL2HSPREAD	7	0
1st-half total	KXNFL1HTOTAL	7	0
2nd-half total	KXNFL2HTOTAL	7	0
1st-quarter winner	KXNFL1Q	10	0
2nd-quarter winner	KXNFL2Q	10	0
3rd-quarter winner	KXNFL3Q	10	0
4th-quarter winner	KXNFL4Q	10	0
1st-quarter spread	KXNFL1QSPREAD	10	0
2nd-quarter spread	KXNFL2QSPREAD	10	0
3rd-quarter spread	KXNFL3QSPREAD	10	0
4th-quarter spread	KXNFL4QSPREAD	10	0
1st-quarter total	KXNFL1QTOTAL	10	0
2nd-quarter total	KXNFL2QTOTAL	10	0
3rd-quarter total	KXNFL3QTOTAL	10	0
4th-quarter total	KXNFL4QTOTAL	10	0
Player receiving yards	KXNFLRECYDS	1	0
Player rushing yards	KXNFLRSHYDS	1	0
Player touchdowns	KXNFLTD	1	0

Two things in that table are the story. First, the quarter and half winner families are preseason-complete: all 10 remaining games carry a tradable winner market for every quarter and both halves. Second, the partially-listed rows, the half spreads and totals and the player-prop families, are the tell that Kalshi's menus fill in as kickoff approaches, which is why this page carries an update stamp instead of pretending a morning snapshot is the whole market.

The Board: Main Spread And Total For Every Game

The spread family is not a single line. It is a ladder of strikes per team, "wins by over 2.5," "wins by over 4.5," and so on into the twenties, each its own yes/no contract. Same for totals. That structure is the closest thing preseason has to a prop menu: you can buy the blowout strike or the field-goal strike at your own price instead of taking one posted number. The board below shows the main line per game, meaning the strike trading closest to even money, with its live bid/ask.

Game	Kickoff	Main Spread	Yes	Main Total	Yes
DEN @ ATL	Fri 7:00 PM ET	Denver -3.5	51/52¢	Over 39.5	50/51¢
MIA @ WAS	Fri 7:00 PM ET	Miami -3.5	48/49¢	Over 36.5	49/50¢
TB @ NYJ	Fri 7:00 PM ET	New York -5.5	51/52¢	Over 35.5	48/49¢
CAR @ BUF	Sat 1:00 PM ET	Buffalo -2.5	53/54¢	Over 38.5	50/51¢
CLE @ CHI	Sat 1:00 PM ET	Cleveland -3.5	47/48¢	Over 40.5	50/51¢
MIN @ NYG	Sat 1:00 PM ET	Minnesota -2.5	49/50¢	Over 40.5	51/52¢
JAC @ NO	Sat 4:00 PM ET	New Orleans -1.5	50/51¢	Over 35.5	49/50¢
LAR @ KC	Sat 4:00 PM ET	Kansas City -2.5	48/50¢	Over 36.5	50/51¢
PHI @ BAL	Sat 7:00 PM ET	Philadelphia -3.5	48/49¢	Over 36.5	50/51¢
DAL @ SEA	Sat 8:00 PM ET	Seattle -2.5	50/51¢	Over 38.5	49/51¢

Read those Yes columns and notice how tight they sit to 50 cents. That is by construction: on a ladder, the market's opinion lives in the strike, not the price. The opinion shows up in which rung is the even-money one, and where that main line sits for each game is itself a statement about how the market weighs each team's backup depth, while the deeper strikes on each ladder price the tails on both sides.

How To Read The Ladder: A Worked Example

Every contract on this page settles at one dollar or zero, so the price is the probability. A Yes bought at 48 cents risks 48 cents to collect a full dollar at settlement, a 52-cent profit before fees, which converts to about +108 in sportsbook terms. Taking the other side means buying No, priced at roughly one dollar minus the Yes ask, so a 48/49-cent quote offers the No side near 51/52. Moving one rung deeper on the ladder trades probability for payout exactly the way alternate lines do at a sportsbook, with one structural difference: each rung is its own two-sided order book, so instead of paying the posted ask you can rest a bid below it and let the market come to you. On thin preseason books, that difference is most of the game.

More live boards from the same desk: NFL Preseason Odds: every Week 1 game priced · Prediction markets vs sportsbooks: today's gaps · Kalshi NFL Picks: every market, AI-scored

The Quarter Is The Market

Here is the argument this page exists to make. A preseason game is four different contests wearing one final score. The published participation plans decide who plays in which of them, and the quarter markets let you bet the contest you actually have information about.

Take tonight's Denver-Atlanta game, using the participation reporting from our preseason odds flagship: Bo Nix sits, so Denver's entire game belongs to veteran backups playing for a job, while Atlanta opens with Tua Tagovailoa on a stated script of roughly a series or 10 plays. That script only overlaps one market on this page: the first quarter. The 1Q winner is the closest thing preseason offers to a bet on announced starters against announced starters. By the fourth quarter, both sidelines are playing roster-bubble depth that only a training-camp obsessive can name, and the full-game winner blends all four contests into one price that mostly reflects the middle two, where the units nobody scouts decide everything.

So the question worth asking before touching any preseason market is not "who wins" but "which quarter am I actually betting on?" First-quarter markets reward reading participation plans, the kind of intel we log daily in the NFL Training Camp Report. Fourth-quarter markets reward knowing third-string depth charts, and if you do not know them, the honest conclusion is that the person on the other side of the trade might. Our eight-model AI panel prices the full-game markets on these same matchups over on the flagship, and every call it publishes is graded against real market settlements on the public scoreboard, so the boards here and the verdicts there answer to the same receipts.

The preseason rule of thumb: the earlier the period, the more a participation report is worth. By the fourth quarter, the market is pricing players whose names were not on last week's depth chart.

Here are the live three-way prices, team, team, and tie, for every 1Q and first-half winner market on the slate:

Game	Market	Away Yes	Home Yes	Tie Yes
DEN @ ATL	1Q winner	33/39¢	32/37¢	13/41¢ (wide)
DEN @ ATL	1H winner	47/51¢	37/42¢	12/13¢
MIA @ WAS	1Q winner	21/49¢ (wide)	19/38¢ (wide)	12/40¢ (wide)
MIA @ WAS	1H winner	53/55¢	31/35¢	12/13¢
TB @ NYJ	1Q winner	18/38¢ (wide)	31/42¢ (wide)	13/60¢ (wide)
TB @ NYJ	1H winner	24/28¢	56/64¢	15/16¢
CAR @ BUF	1Q winner	29/52¢ (wide)	23/30¢	18/42¢ (wide)
CAR @ BUF	1H winner	31/37¢	45/46¢	15/16¢
CLE @ CHI	1Q winner	23/49¢ (wide)	15/56¢ (wide)	17/61¢ (wide)
CLE @ CHI	1H winner	52/57¢	31/38¢	15/16¢
MIN @ NYG	1Q winner	23/58¢ (wide)	30/40¢	12/51¢ (wide)
MIN @ NYG	1H winner	44/52¢	37/44¢	15/25¢
JAC @ NO	1Q winner	17/51¢ (wide)	26/68¢ (wide)	12/39¢ (wide)
JAC @ NO	1H winner	38/47¢	43/52¢	15/16¢
LAR @ KC	1Q winner	16/61¢ (wide)	21/69¢ (wide)	11/63¢ (wide)
LAR @ KC	1H winner	24/44¢ (wide)	45/71¢ (wide)	12/13¢
PHI @ BAL	1Q winner	23/49¢ (wide)	14/56¢ (wide)	12/60¢ (wide)
PHI @ BAL	1H winner	48/57¢	33/42¢	15/16¢
DAL @ SEA	1Q winner	15/56¢ (wide)	23/71¢ (wide)	12/61¢ (wide)
DAL @ SEA	1H winner	24/45¢ (wide)	45/56¢ (wide)	15/30¢ (wide)

Two honest readings of that table. The tie columns are real markets: a matched half is common enough that the TIE strike in the first-half family trades in the teens, and buying a team's quarter or half winner means beating both the opponent and the tie. And the "(wide)" tags matter: many quarter books are quoted 30 or 40 cents apart this far from kickoff, which means there is no honest mid to print and no sane market order to place. Kalshi's game-day menus tighten and fill in the hours before kickoff, so the wide books this morning are an argument for patience, not absence.

Every Family, And The Preseason Read

Family	What one contract asks	The preseason read
Game winner	Will this team win the game?	The headline market, and the least informative one: starters play a cameo while backups decide the result. Ties are live outcomes with no preseason overtime.
Spread ladder	Will this team win by more than X.5?	Pick-your-own-line. The main strike hugs even money; the deep strikes let you price a blowout directly instead of taking one posted number.
Total ladder	Will both teams combine for more than X.5 points?	Vanilla play-calling caps upside, sloppy depth-chart football adds variance. The ladder lets you price either belief directly.
Half winners (1H/2H)	Which team scores more in this half, or neither?	The 1H market tracks the starters-plus-twos window; the 2H market is a pure depth bet. The tie strike is a priced outcome, not a footnote.
Quarter winners (1Q-4Q)	Which team scores more in this quarter, or neither?	The spine of preseason trading. 1Q is the only market the announced starters settle; 4Q belongs to players fighting for roster spots.
Quarter/half spreads and totals	Ladders inside a single period	Among the thinnest books on the menu, and late to list. Treat quotes as indicative until game day.
Player props (yards, touchdowns)	Will this player clear X+ yards, or score?	One game deep on this slate. In preseason, the participation report is the entire analysis; the strike means nothing until you know the snap plan.

The Fine Print That Decides Who Gets Paid

Every number above is downstream of rules text, so here is the text, fetched fresh from the exchange today. The full-game winner market carries the two clauses every preseason holder should know. Verbatim, from tonight's Denver-Atlanta game market:

If the game ends in a tie, the market will resolve to $0.50 for each team. If the game is postponed but begins within 48 hours from its originally scheduled start time, the market will remain open and resolve based on the official final result. If the game is not started within 48 hours, the market will resolve to a fair market price.

Preseason football has had no overtime since 2021, so ties are not theoretical, and a 50-cent settlement on a 70-cent position is a real haircut. The postponement clause is stranger: a game that never happens past the 48-hour window does not refund, it settles "to a fair market price." We keep a standing watch on clauses like these in Fine Print Watch.

Now the quarter-market wrinkle. Verbatim, from the first-quarter market of the same game:

The following market refers to the team that scores the most points during the 1st Quarter. Only points scored during the 1st Quarter of play count towards this market. If both teams score the same amount of points during the quarter, all team strikes resolve to No and the Tie strike resolves to Yes.

Three things worth noticing. First, the tie handling is explicit and different from the game market: a matched quarter pays the TIE strike in full, it does not split the team strikes at 50 cents. Second, the fourth-quarter version adds "excluding overtime," which is moot in preseason but will matter when these families reach regular-season games. Third, and this is the honest gap: the quarter market's published rules, primary and secondary, say nothing about a game called off mid-quarter or postponed. The 48-hour clause quoted above lives in the game-winner market's rules and appears nowhere in the quarter market's text, and Kalshi publishes no NFL quarter-market contract terms document at its standard terms URL. Until the exchange says otherwise, a holder should treat mid-game abandonment as unwritten territory and check the rules tab on the specific market before sizing up, because "the game market handles this" is not a clause in the quarter market's contract.

Four Things Today's Numbers Say

• Player props are arriving: 8 player contracts across 3 market families are open on 1 game of this slate, and the player-props table above holds every one of them.
• Volume leader on the featured board: Over 39.5 points scored (Broncos at Falcons) — about 19,805 contracts traded, quoted 50/51¢.
• The half-tie is a real price: across 10 games, the 1st-half TIE strike bids 12-15¢ — a two-sided market on an outcome sportsbook moneylines mostly push on.
• Thin-book honesty: of 60 quoted quarter/half strikes on this board, 31 carry a bid/ask spread wider than 10¢ — the table prints those as raw bid/ask, because quoting a mid there would be fiction.
• Cents are probabilities: a Yes price in cents is the market's implied percentage chance. The main spread lines above read: DEN@ATL 51.5%, MIA@WAS 48.5%, TB@NYJ 51.5%, CAR@BUF 53.5%, CLE@CHI 47.5%, MIN@NYG 49.5%, JAC@NO 50.5%, LAR@KC 49.0%, PHI@BAL 48.5%, DAL@SEA 50.5% — every one of them within a field goal of a coin flip, which is what a well-chosen main line looks like.
• The umbrella is already growing: spread and total families list 16 regular-season games (first regular-season week) alongside this preseason slate; quarter and half families so far cover preseason games only.

Event contracts are CFTC-regulated financial products offered on exchanges such as Kalshi, available to eligible U.S. residents 18+. Prices on this page are live exchange quotes that move constantly; nothing here is financial advice, and nothing here suggests any market or strategy will be profitable.

What Joins This Page Next

This is an umbrella page, and the umbrella is designed to grow. The census table already shows spread, total and game-winner families listed on 16 regular-season games before a single preseason weekend has finished. As Kalshi extends quarter and half families into the regular season, lists team totals, or widens the player-prop rollout that started on this slate, those markets get boards and rules reads here, on this URL. Three concrete triggers we are watching:

• Player props spread beyond one game. The rollout started with a single game's worth of yardage and touchdown markets; the anytime-touchdown, receptions and fantasy-points series still sit in the catalog with zero open markets. Each new listing lands in the player-props table above.
• Quarter families reach the regular season. Quarter winners currently stop at the preseason slate. Regular-season quarter markets would carry real liquidity and real starter data.
• Menus filling toward kickoff. The half spread and total families had not yet listed for every game as of this update, and their counts in the census above moved upward during the morning this page was built. If Kalshi's pattern holds, today's wide quarter books tighten by early evening, and the boards above refresh to match.

Settlement Timeline

• Friday, August 14, from 7:00 PM ET: Broncos-Falcons, Dolphins-Commanders and Bucs-Jets kick off. Quarter markets resolve as each period goes final; every Friday market on the exchange carries an expected expiration by roughly 10:00 PM ET.
• Saturday, August 15: the remaining seven games kick off between 1:00 and 8:00 PM ET and settle in waves through the evening.
• Ongoing: this page re-prices with each new slate and carries the rules text forward as Kalshi lists new NFL families.

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Every market above links to our full AI model verdict; browse them all on the OddsShopper prediction markets hub, and see how every settled call actually scored on the full graded scoreboard.

The Bottom Line

Kalshi's answer to "NFL props" is still mostly a team-level answer, and a better one than it sounds: its 21 team-level families turn a single preseason exhibition into a menu of separable markets, and the quarter markets make "I know who is playing the first 15 minutes" directly tradable on a regulated exchange. The player props are arriving for this slate, one game and a few thin books at a time, and this page will hold every one of them as the rollout widens. Until it does, the sharpest thing a preseason reader can do is stop asking who wins and start asking which quarter they actually have an opinion about, and the board above will keep telling you what that opinion costs.